Your home is one of your most valuable assets. That said, many people don't realize just how important home insurance can be. It can protect you from many different types of disasters and losses, from fire and theft to natural disasters. We recommend you look into getting a policy today. It could save you a lot of money and hassle in the long run.

What Does Home Insurance Cover?

Home insurance policies can vary but most will cover the following:

• Damage to your home caused by fire, wind, hail, lightning, or other natural disasters
• Damage to your home caused by theft or vandalism
• Damage to your home caused by another individual
• Medical expenses incurred as a result of an accident on your property
• Personal liability in case someone is injured on your property

Knowing all this, it's clear that a home insurance policy can protect you legally, financially, and emotionally. Let's move on to how to choose the right policy!

How Do You Choose the Right Home Insurance Policy?

When choosing a home insurance policy, it's important to consider which types of coverage are most important to you. Some things to consider could include:

• The amount of coverage you need
• The deductible amount
• Coverage for personal belongings
• Coverage for special items like jewelry, art, or other material possessions
• Coverage for home improvements
• Coverage for loss-of-use in case you can't live in your home after a disaster

Some policies may prioritize some of these areas over others. Speaking with your local provider can help you identify your needs, desires, and possibilities when it comes to home insurance.

How Do You File an Insurance Claim?

According to the Insurance Information Institute, 5% of insured homes filed a claim in 2019. That may not sound like a lot, but when you consider that there are millions of homes in the United States, it adds up quickly. Those numbers also only reflect claims that were actually filed. Many homeowners never make a claim because they either don't realize they're covered or they think the damage isn't worth filing a claim over.

The reality is that if something happens to your home that affects your household's health, finances, or security, you need to file a claim. Here's a brief explanation of what you need to do:

• Contact your home insurance company as soon as possible, noting that many companies have time limits on filing claims
• Gather all the documentation you'll need, including photos of the damage and receipts for any repairs or replacements you've required
• Complete the home insurance claim form provided by your company

If you need help with finding the right policy to meet your needs, call Ramsey Family Insurance today. Home insurance is a powerful investment that can protect your family's future financially and emotionally. You'll be glad you signed up for a policy! We look forward to helping you protect your future together.